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January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
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<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
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<p>
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
<p>
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<p>
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
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<p>
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<p>
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<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
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January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.
The bank claimed that it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.
During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.
NIBL claimed that it is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based bank magazine.
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<p>
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<p>
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<p>
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<p>
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<p>
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<p>
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<p>
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January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal’s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
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<p>
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<p>
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<p>
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<p>
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<p>
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<p>
The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
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<p>
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